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Large, Profitable Autobody Business In Connecticut For Sale

Connecticut
Asking Price:
$500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,528,058 (USD)
Cash Flow:
$180,356 (USD)

This established profitable auto-body shop in Western Connecticut has been pre-qualified for bank financing.

Excellent books and records, strong employee culture, decades-long local business reputation.

Property Information

Real Estate:

Lease

Premises Details:

9-bay, 8,330 square foot building. Frontage on main business thoroughfare (30,000 daily traffic count). Phase II Environmental Studies are available. Seller is ready to work with Buyer to clear CT's Property Transfer Act. Option to lease for $5,000/month NNN or purchase for $875,000.

Business Operation

Expansion Potential:

Business open only five days per week with minimal advertising expense.

Competition / Market:

Smaller competitors with less scale may be struggling, but autobody businesses like this with $1mm+ in revenues can thrive in the industry.

Reasons for selling:

Owner looking to retire.

Trading hours:

Monday-Friday 8am-5pm

Employees:
7 FT
Years established:
95

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$25,875 (USD) - included in the asking price

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